Finance REITs
April 30, 2009
Washington Real Estate Investment Trust plans to offer 4 million common shares through an underwritten public offering. The REIT expects to grant the underwriters a 30-day option to purchase an additional 600,000 common shares. The net proceeds of the offering will be used to repay borrowings outstanding under Washington's lines of credit and for general corporate purposes.
Washington Real Estate Investment Trust plans to offer 4 million common shares through an underwritten public offering. The REIT expects to grant the underwriters a 30-day option to purchase an additional 600,000 common shares. The net proceeds of the offering will be used to repay borrowings outstanding under Washington's lines of credit and for general corporate purposes.
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